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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

Newsmakers

Reliant Energy, Inc. has appointed Mark M. Jacobs executive vice president and chief financial officer of both Reliant Energy and Reliant Resources, Inc. Jacobs will resign from the Reliant Energy position upon the completion of the spin-off of Reliant Resources from Reliant Energy. Steve Naeve, who has served in the Reliant Enery role, will continue as vice chairman of Reliant Energy until the completion of the spin-off. Jacobs has served in an advisory position with Reliant, and has been a managing director of Goldman Sachs & Co.

PSEG Energy Resources & Trading has appointed Thomas P. Weeks Director-Midwest Marketing, making him responsible for developing energy marketing opportunities for PSEG Power's gas-fired cominbed-cycle electric generating facilities under construction in the Midwest. PSEG Energy Resources & Trading is a subsidiary of PSEG Power, the independent power producer. Weeks served as Senior Structured Products Originator and Risk Manager at DTE Energy Trading. He also served at DTE's Detroit Edison Company affiliate, and held the positions of Senior Business Analyst and financial Team Leader.

Ballard Power Systems announced that Dennis Campbell will serve as president and chief operating officer effective July, 22, 2002. Campbell will also become chief executive officer on March 31, 2003, succeeding Firoz Rasul, who will become Executive Chairman of the Board of Directors. Campbell has 30 years of experience in diverse manufacturing enterprises, and joins Ballard from Home Care Industries, where he was president and chief executive officer. He will apply his experience to Ballard's fuel cell and related businesses in the portable, stationary and transportation power markets.
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